Back in the Game
After a four to five month hiatus from being involved with the stock market I have gotten back into it. I went ahead and put money into Starbucks, which was something I was wanting to do at the beginning of February… I just hadn’t gotten around to it. Today is looking pretty good so far, it is already up 2%.
One thing that I am having a hard time with is deciding to put a stop order in place at 98% of my purchase price so that I can sell if I lose 2% in my position OR if I should put a limit order in place to sell if the stock price goes above 110% of the purchase price. This month I am going with the stop order… if I make over 10%, but it doesn’t last long enough for me to notice and sell then that’s just tough luck I guess.
Posted by David under What's Going On |